Bangladesh’s stocks

Bangladesh’s stocks end flat amid choppy trading

Last updated: September 3, 2015

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks closed on Thursday with choppy trading as late buying spree offset early losses.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled the week at 4,765.72, after edging up 1.84 points or 0.03 percent from the previous session.
The DSE Shariah Index (DSES) gained 0.87 points or 0.07 percent to finish at 1,177.10.
However, the DS30 index, comprising blue chips, lost 1.82 points or 0.10 percent to end the week at 1,823.17.
Trading activities rose to BDT 4.98 billion, which was 43 percent higher than the previous day’s two month lowest BDT 3.48 billion.
The gainers took a modest lead over the losers as out of issues traded 313 issues traded, 174 closed higher, 95 lower and 44 remained unchanged on the DSE trading floor.
The newly listed Aman Feed dominated the day’s turnover chart for the third consecutive sessions with shares of BDT 606 million changing hands. However, the company’s share lost 6.80 percent further to close at BDT 79.5 on Thursday.
Anwar Galvanizing was the day’s best performer, posting a rise of 9.87 percent while ICB First Mutual Fund was the day’s worst loser, plunging by 10 percent.
The port city bourse Chittagong Stock Exchange (CSE) also closed slightly higher with its Selective Categories Index – CSCX – gained 5.50 points to settle the week at 8,891.60.
Gainers beat losers 130 to 94, with 22 issues remained unchanged on the port city bourse that traded 12 million shares and mutual fund units with a value of BDT 387 million.
BBN/BB/AI

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